TailorMed Raises $20M in Funding

TailorMed Medical Ltd., a NYC-based digital financial health company, raised $20M in funding.

The round was led by Providence Ventures, with participation from new investors UnityPoint Health Ventures, Almeda Ventures, Bridges Israel and Discount Capital and existing investors Accelmed, Sanara Ventures and Triventures.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Srulik Dvorsky, CEO and co-founder, TailorMed Medical is a patient financial navigation technology company that provides a platform automating the process of identifying financially at-risk patients, matching and enrolling them in financial resources such as: co-pay assistance, replacement drug programs, government subsidies, community and state resources, assistance from disease-specific foundations, and programs that support patients with their living expenses.

TailorMed has served health systems, clinics, and pharmacies across the United States.